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OTC Industry Consolidation Opening Doors for Small Players.
LITTLE FALLS, N.J. -- Sales of nonprescription drugs in the U.S. grew by only 3 percent in 2005, but this did little to slow the increasing dominance of some of the biggest players in the OTC market. According a study released yesterday by market research firm Kline & Co., the recent flurry of mergers and acquisitions has put more than half of the total sales volume into the hands of just 10 manufacturers. -
OTC Industry Consolidation Opening Doors for Small Players.
LITTLE FALLS, N.J. -- Sales of nonprescription drugs in the U.S. grew by only 3 percent in 2005, but this did little to slow the increasing dominance of some of the biggest players in the OTC market. According a study released yesterday by market research firm Kline & Co., the recent flurry of mergers and acquisitions has put more than half of the total sales volume into the hands of just 10 manufacturers.